Thursday, 12 November 2015

Wheat, Gold and GBPUSD

Wheat is in a grinding sideways range and this presents some range trading opportunties.Look at the black lower median line parallel in these screen shots:
This is so you can see the fork ABC
 Look how this is a tried and tested line that supports price
 If we go through lower here the next objective is 475

 OK, Heres Gold and the recent collapse: Can you see where the FNL PF is supporting price today?
 Lastly, Here's cable and a beautiful set of RL's

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